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20121027
20121104
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Search Results 0 to 49 of about 174 (some duplicates have been removed)
. making demands on their government, demands for transparency and accountability. if they do not find alternatives, they could be in trouble. if you have a business, to help us solve this saudi arabia problem, you would be in a competitive position. this is not a theory. it works. i had the opportunity last week to congratulate ceo of electro- motor diesel, now part of the caterpillar company, on a contract for locomotives. a little over two years ago, a previous executive was in my office bemoaning the reality that he was about to lose a competitive bid to another country based on costs. even though we have had provided advocacy to the ministry on its behalf. he was sure that the contract award would be on price. when i asked him for his value proposition, he had little to offer other than our locomotives are better than theirs. they lost. fortunately, the saudi arabians agreed to take the winning entry on approval basis for two years. so they had a chance. a new team came forward and we discussed at length what it takes to win. the principles are fairly straightforward. first, find
for the government. the opposition labor party is rubbing its hands in glee. 53 of david cameron is -- cameron's own party refused to toe the line, pushing through the amendment. kamen wants to freeze the eu budget over the next seven years, but these skeptics say a freeze does not go far enough. they want to see cuts in real terms. opposition labour is supporting the call. while wednesday's parliamentary vote to cut your spending is not binding, it is a significant challenge to david cameron's authority and puts him in a difficult position. the eu commission is proposing a 5% increase in the budget, a move supported by many eu member states. britain's deputy prime minister, and it clegg, a member of the democrats, is skeptical this government can single-handedly turn the tide of the use sentiment -- nick clegg is skeptical this government can single-handedly turn the tide of you sentiment. >> it is wishful thinking to suggest we could effectively give ourselves a free pass to undercut a single market. >> camera could find himself once again somewhat isolated among european leaders if he seeks to pu
in one hand just appalled, says the federal government is doing all that can to help restore power to the areas affected by hurricane sandy. a 45 minute speech at a cybersecurity summit she also said she hoped the senate would consider cybersecurity legislation after the election. >> it's a perfect morning to talk about scary things, scary things with unpleasant names like mel where and computer worms and trojan horses and even little messages when you get in your in box because you're nothing but headaches and loss. if you don't like the idea of people snooping around your in box or personal e-mail. you care about a company that stirs up electronically and worries about competitive theft over the internet and a few flaws and recently to the director of the cia painted a dire picture of day-to-day cybercrime and the foreign enemies if we don't show ourselves up can inflict enormous damage to the power grid water system and critical infrastructure. we would worry about plans and bombs and not worry about good intentions and acting skills. people care and increasingly so and so this
money. you make your money working for the government are doing your money -- you and your husband make almost three and $50,000 a year. my income is earned by having companies that employ workers in this a. i think the bigger question is, you've got something hidden in your to secret family trusts that you won't disclose and you haven't disclosed. so ms. hochul, ladies and those to secret family trusts ask because i've a feeling they may be something you don't want the voters to know. hochul: you've got to be kidding me. give it a pretty big you're the one who has refused to put your personal taxes on one because you said the voters basically were not smart enough to understand. i think that's pretty derogatory toward voters personally. but you're the one, mitt romney has 300 page tax return but even he put his out there. we all felt at that financial disclosure. big deal. i don't have to do it. why won't you tell us where your assets are, the question is what are you hiding? all of us can even mitt romney and other people running for office have done. why won't you, chris? collins: i
on the internet shows serious trouble fighters saw some early executing what appears to be government soldiers. job figures are out in the u.s. today at the battle for the white house goes to ohio and wisconsin. dozens of young men have been shocked by the military in northeastern nigeria. welcome to bbc world news. also, the world bank says burma and will get its first development plan. and, tackling the energy question. human rights groups have condemned a video posted on the internet which appears to show syrian rebels of executing captured government soldiers. amnesty international says if confirmed, it constitutes a war crime. we are asking whether this is something new. >> it has happened before. but now it is becoming more and more obvious that the rebels are committing killings like the regime, and at the same level, both of them. it is just days before a big conference in doha where the opposition is asked to unified under one group, in order to bid but to lead the rebels on the ground, because there's a big discrepancy between the political leadership and the rebels on the ground who
to see how your government works directly, c-span is the only place to go. >> until a few months ago, charles haldeman of freddie mac. he began the job in 2096 months after the company was taken over by the federal government. mr. haldeman spoke about the housing market and financial regulations at the john f. kennedy school of government. this is just under an hour. >> i'm a member of the faculty here at the kennedy school at a romani school of business and government. it's a pleasure to welcome all of you to this year's lecture, which is funded by nasd, which is now in the, the private broker of the u.s. industry. the focus is on financial regulation and each year we have had a leading public official responsible in some ways for u.s. regulation. this year, our speaker is a tiny bit of a stretch, but not really much at all. ed haldeman was ceo of freddie mac from a 2009 to just a few months ago. while in that role, ed was not really a formal regulator. he was responsible for running a very large public financial institution. freddie mac and its sibling, fannie mae are what are call
's no unified government, it's fragmented at the bureaucracy level, and there's this capacity issue, serious capacity issue within government. what's the advice? >> well, i don't suspect that a lot of the entrepreneurs in this room who are the talent pool for the next economy in detroit are thinking how do i get a job with the city. so -- >> no career advice. >> no, but i mean, seriously. the young talent pool, the 20-somethings and 30-somethings are not thinking about the public sector as a career path. so let's just be blunt and honest. the city is not going to be able to harness the talent that's there that will get the city to the next place. so invert the question. not how are we going to hire those people, but how are we going to bring them into the process sitting where they are in universities, in the private sector, in the ngos that are dynamic and interested in the city of the future, and the city has to invent the way to do that. collaborate, create communities of interest, harness that talent pool, um, and give them the resources where it's necessary if the resources are there. n
were in virginia where unemployment is lower, but a lot of that is due to government spending, and now we're in ohio where as you know, in youngston, that plant that was almost shut down, three shifts making the chevy crews. the toledo plant, they associate this with jobs and prosperity, and the auto industry and the other manufacturing industries, what you have is generations of people working in those industries so the trend does actually matter, and the trend favors president obama right now. >> so john, you close it up for me. ohio. you guys are there. it is so important. i mean, people in ohio must feel like the belle of the ball. everybody wants their vote. they have spent so much advertising money. >> they know it. >> if romney loses ohio, john, can he win the election? >> the path is very, very, very difficult without ohio, and that's why the obama camp has made it a fire wall, which is the reversal of political trends in the past. usually ohio is the republican firewall in the election. a couple things, the fact that ohio use unemployment rate is lower than the nation's, very
. >> the federal government will not quit until this is done. >> thank you fema fema is about to run out with money. >> 88 hours in ohio. >> president obama on the ground in ohio vernlg the center of the political universe right now. >> right here in ohio. >> you know that i'll fight for you and your families. >> it is all about ohio. >> do you want more of the same or do you want real change? >> and governor romney will be in aetna, ohio. >> this is about eric mac. >> the salesman versus the storm. >> we're going to win on tuesday night. >> all the battlegrounds look winnable for the president. >> we're really down to the last seven states. >> it is still all about the economy. >> we've made real progress. >> you've got this jobs report, the unemployment report. >> definitely a strong jobs report. >> stronger than expected. >> that's good. >> unemployment is higher today than when barack obama took office. >> he is about as hollow as the tin man. >> if we don't run candy crowley, romney will be the nominee and he'll lose. >>> we begin tonight with the latest on the recovery from the devastation of
us from the business desk. >> we've been reporting for quite a while now on government leaders really trying to attempt to wrestle with their budgets along with international lenders and it looks like this latest effort is going to drag on until later this month. eurozone finance ministers have shelved a decision on another bailout for greece until november. they want an austerity deal with international lenders first. finance ministers from 17 countries held a telephone witness to discuss the bailout. they said greece has yet to reach agreement on specification austerity measures with its creditors. the creditors include the european union and international mown tear fund. the austerity measures are a precondition for fresh emergency loans to avoid a potential default. the finance ministers urged the greek government to reach a consensus on labor reforms. the ministers will again discuss the greek bailouts when they meet on november 12th. greece is taking that pressure from the eu seriously. the government there has submitted a revitdsed draft budget to parliament outlining yet more
, not the u.s. government, because i'm about to hammer them. we do not have the kind of leadership that required to have coalitions put together to deal with this situation. it is a soft power or hard power. and it may not happen properly anytime in the near future your remember that caveat. now, the other day i was reading through a book by save the children. it's about the children of syria. and if you haven't read this book and you want to understand what's happening in syria, i recommend you read it. but i assure you, you will feel very uncomfortable on page one. there are costs involved with the situation that could go on for generations, not just for now. generations. think about the children are going through now and how they will think about the west. the international community, their arab brothers, the reins, the russians, the chinese, the united states, and just about everyone else. even if this might be over in the next year or so, it will definitely not be over for those children. thank you. [applause] >> thank you. ambassador? >> i agree with most of what i heard from
later in this "journal." >> rebels in syria have reportedly killed 28 government soldiers. the rebels attacked three army checkpoints on the main road from damascus to aleppo. five rebels also died in the clashes. >> human rights groups are reporting government attacks in and around the syrian capital wednesday. it is thought this video shows a syrian army jet bombing a rebel area not far from the city. some positive unemployment numbers coming out of the united states five days ahead of the presidential election. payroll processing company adp says the u.s. economy added 150,000 jobs in october, the biggest gain since february. >> official figures from the government are to be released tomorrow. the unemployment rate in the u.s. remains just below 8%, much higher than before the onset of the financial crisis that in 2008. those job figures pushed stocks up on both sides of the atlantic on thursday. our correspondent sent us this round up. than any better than expected situation at the job market in the u.s. is a very good sign, not only for the americans, but also for the stock marke
. >> a court in milan has convicted former prime minister berlusconi of defrauding the italian government of millions of yours in unpaid taxes. remedy court gave him a four- year term and said berlusconi had shown a natural capacity for crime. berlusconi's lawyers condemned the verdict and promised to appeal. >> berlusconi has dominated italian politics for nearly 20 years, perhaps in anticipation of the jail term. earlier this week, berlusconi said he would not contest the next election. although given a four-year sentence, and was immediately reduced to one year due to an amnesty law from 2006. berlusconi was also fined 10 million euros and then form -- from holding public office for 10 years. the head of the media said television empire was accused of running a complex tax evasion system in the 1990's. prosecutors said berlusconi was part of a scheme to purchase broadcast rights to film through offshore companies and then inflate the cost to reduce taxes owed. the former prime minister will remain free until italy's appeal system is exhausted, a process that could be quite lengthy. >>
with government, you will shut up. we just don't see much except that the piece published in "the wall street journal" a few weeks ago. >> i mean come on someone with some of those cases. they go back now about five or six years. i think in the middle of the bush administration i've talked to some of the flag officers, retired flag officers, who got phone calls, threatening that their pension rights were going to be under review and things like that. i think it was a completely outrageous statement at this and why -- i think obviously serving military officers is one thing, and didn't have all sorts of obligations that they limit directly their participation in public debate, public discussion. but once they are retired and completely free to speak, and i think they can play a meaningful role in public debate conversation. and then to use the power of government to silence them is completely outrageous. >> they're not completely legally free. >> secrets. >> they will all have signed, you know, agreements not to talk about classified material, even postretirement. and there, too, i would just
works for city governments. gordon feller, michael littlejohn and you have heard from carla. it is very hard to moderate. all i want to do is tweet. i wanted to start with a question that really build off presentation. this can be a very broad conversation. we are talking about efficiency and how we manage congestion and lower energies. we are talking about the integration of data. we are talking about participation was social media, co-production of solution. david mentioned this. the united states is not quite at the vanguard of this. when i think it can just in, i think about singapore. he brought the copenhagen. i want to start with the ibm and cisco part of the world appeared word you see progress within cities? where is the u.s. -- part of the world. where do you see progress within cities? where in the u.s.? >> we can point to smarter transportation and public safety and health care. that is not necessarily a smarter city. as marchers city, and it was alluded to a number of times this morning, -- a smarter city, and it was alluded to a number of times this morning, is a city of t
financial company and to complete the government at divestiture the idea would be that the enterprise could be recapitalized by creditors and the financial company receiving a combination of cash, equity or debt in satisfaction of the claims against the receivership. the strategy has the advantage of returning the company to private ownership and insurers as possible avoiding an even bigger too big to fail company. it also would likely promote the stability in the financial markets of the mandates. a few words about international cooperation because that's certainly been a big issue in connection with how we going to do this? there is a lot of work done. certainly in the recent financial crisis that has been increased awareness on the degree to which these large financial companies operate across the borders. and so, obviously the resolution has to be coordinated internationally to reduce the risk of disruption. so, there is no current international insolvency framework to resolve a global the systemically important financial institution in a comprehensive manner so we really need to do adv
, the government already announced that some 500 will have been withdrawn by the end of this year. next year to take further decisions which the government has not yet taken, and you have to ask the defense secretary, you know, when he thinks that's possible. >> we are talking a time line of slightly more than two years, so i think things can change. i recognize that. >> yeah. i think the prime minister said what they're looking for is a glide past the end of 2014. the government will take those decisions when it's ready. >> what events will clearly dictate political decisions, not asking you to comment on political decisions, but dictate what happens -- >> i can give you confidence the figures announced by the prime minister out by december, that will be delivered. we'll be done. >> thank you very much. my last question, chairman, is is there any -- anybody heard anything about possibility of nato or the united states in particular? withdrawing significant troops earlier than the end of 2014? >> i think the united states also will want to take some provisions next year, and in light of the
warrantless search or should the government have gotten a warrant? if the court does not rule that way, i suppose they could rely on a reasonable expectation of privacy. if they go the other way and grow for the state, that would allow not only dog sniffs, but as i alluded to earlier, one ever the government wanted to, all manner of inspection, analysis, monitoring and or you can come up with for a warrantless search. >> police dogs can just go one place or the other stopping at every door in apartments and seth and it would be quite a change in of the law if you could go into apartments based on something like that. >> this case comes at an interesting time in the privacy world. we are still thinking about the court to's recent opinion in the united states versus jones. that was a case that was narrowly decided by justice scalia largely on a trespass and installation of gps device. there seems to be almost a shadow majority in the case. the reason i am thinking about jones and answering this question is that i think the court has become increasingly aware of the role technology is playin
the government's response to the disaster so far? >> it has been generally applauded. unlike 2005 when hurricane katrina devastated new orleans, it seems all the relevant agencies were ready this time, up to speed, especially fema, the federal emergency management agency, that was criticized in 2005 being widely lauded now. the president himself was up all night from monday to tuesday in the situation room in the white house monitoring the situation. now he is touring the disaster areas, especially in new jersey, so he seemed very much concerned and seemed to do everything he could to help the people. he has been applauded even by republican competitors for this. one of his harshest critics has always been new jersey governor chris christie, and this man said that obama was doing an outstanding job. >> elections are right around the corner next week, and campaigns have resumed. it is a difficult question to ask, but who has actually profited from the situation? >> for mitt romney, it is a difficult situation because national disaster times are times when politics are supposed to be put aside, so
on it now i will do nothing. that will be protected. that's between the government and the them. that's protected. but all i had some plans that will save it for the long haul and i will end at that. you're very gracious with time. smith: de leggitt rebuttal time? >> moderator: how much you need? how about 15 seconds. smith: the most radical proposals in the congress and the senate any way that a grand total of 16 votes was the so-called rand paul plan. the rhine and budget has all kind of problems because when it comes to medicare, this is a basic debate about ending the medicare guaranteed benefit preserving my record indicates not just preserving but strengthen. >> moderator: monica ag you have the last question. >> because of the economic downturn, the education in our country has had to squeeze from every angle, city budgets for education have dropped, state budgets have dropped, so it makes it challenging most experts would say to believe our students in the future will be competing on a level playing field with other students around the world because the bigger class size is no
deal with every take the government through his way, whether it had to do with the signs on the front of the building or the prices on the showroom floor. he knew that he could do better if government would just get out of the way it and stay out of the way. and he was right. when we get government off the backs of our job creators, small businesses have a better chance of thriving. and when small businesses thrive, so does our economy. that is why instead of raising taxes, we ought to fix our 72,000 page monstrosity of a tax code, so we can keep jobs here and bring jobs home that have gone overseas. we should repeal the president's health care law, which makes it harder for small businesses to hire. and replace it with reforms that actually the work costs and protect the doctor-patient -- lowers costs and protects the doctor-patient relationship. and instead of getting into high gas and energy prices, let's jump start the development of america's vast domestic energy resources. let's build the keystone pipeline. let's expand the exploration and use of natural gas and coal. these are
fear the government is responsible. they use every opportunity to insult us. >> turkey's sunni prime minister called the alawis his -- >> there is only one place for muslims to go and pray. that is the mosque. i don't have anything against their cultural centers. they create divisions in society. >> the idea of men and women dancing together is unimaginable to some muslims. they sing songs and recite poetry while worshiping. their perspective is humanistic and less dogmatic. they worship the son-in-law of the profit mohammad. men and women are symbolically equal, which they show by watching each other's hands. -- washing each other's hands. >> the creator made a man and woman out of a drop of water. if that is how he sought, why shouldn't we treat them equally? >> for sunnis, such an immense amount to heresy. they generally keep their traditions and songs to themselves. the syrian dictator is part of a related sect. >> if there is a dictatorship, the people should get rid of it. it is not the business of other countries to get involved. we have seen what has happened in the so-called
government that has a $16 trillion national debt, i can't even figure out what those numbers are. we have got these young people here, like my daughter's. we do not have the right to make them pay for the rest of their lives for the fact that we could not get our spending under control. it would be no different than running up credit card bills and passing them on to our kids. we would not do that. so why do we let the government do this? it is time to end that. we have got to move to a balanced budget. it will give us more success. you know, they are talking about -- president obama is talking about a tax increase. there are two of things wrong with that. one is that i happen to know where the money goes. and secondly, raising taxes on people is not the answer in washington. i was there when we balance the budget in 1997. and we cut taxes. we did not raise taxes. to give them more money, they will spend it. it will hurt malkin -- small businesses and hurt our ability to create jobs. that is why so many small business people have been paralyzed. and then come the regulations. a small business
incredibly involved in trying to help the u.s. government think more intelligently about competitiveness and entrepreneurship in particular. then josh linkner, a local star here who runs detroit venture partners as i'm sure many of you know, if you're from detroit, you certainly know that, a supporter of this event which we're very grateful for, and i think symbolic of the incredible new energy that's developing in detroit. and i should also say that josh created a company calls eprize in 1999 here in detroit. it's been operating all this time. two weeks ago it sold for a nice exit. [applause] so here's the story of a local company that came from here, went all the way and, you know, he's done real well with that. meanwhile, he's invested in a ton of other companies. so i just want to start by asking you, steve, you know, when i told you about this, you immediately dropped it. why did you think techonomy detroit was a good idea? >> well, i think it's a great idea. i think it's great you're willing to shine a spotlight on detroit. it's not just about detroit, the story about entrepreneurs
government has stepped in to help. this is the third hurricane i've covered in my lifetime, andrew, katrina and now this. we are at the point where the population gets furious and they turn on the government. the government can just not handle the huge, huge logistical requirements that happen after a storm like this. could this actually turn on the president at some point here? >> reporter: i don't think so. i think what the president has had the opportunity to do is show americans that he was involved in an effort that the country was rallying behind and do his job in a way that got praise by the keynote speaker at the republican convention, chris christie, very tough critic of the president otherwise. so i don't think many voters are going to blame president obama for what's going on right now, and leave aside the fact that the states in which the difficulties are occurring db new york, new jersey, connecticut are all reliantly democratic states. what is much more important to the outcome of this election, michelle, is what's going on behind me at this afl-cio phone bank where union volu
activity--repairing and rebuilding. depsite the storm-- the government is expected to report unemployment numbers for october this friday. phone companies along the east coast are preparing for the likelihood of overtaxed communication infrastructure during hurricane sandy. at&t is fueling up emergency portable generators and disaster recovery trailers to move into affected areas. authorities recommend people use text messaging rather than phoning or internet during large scale disasters. texting uses far less network capacity. several corporations are postponing earnings reports in the wake of hurrican sandy. among some notable companies that were supposed to report today pfizer, sirius xm radio, power plant company nrg, martha stewart living and avon are all waiting until later this week or even next week to report numbers. a number of potentially market moving events are cancelled in new york. new york federal reserve president william dudley has called off his speech today in connecticut. his remarks tend to be closely monitored because he's reportedly viewed as a close confidant
. >> government forces are up against a radical islamist movement who has taken control of more than half of the country. they've exploited the power vacuum after the country saw a military coup in march. there are new fears the country could become a new haven for militant radicals. >> in europe, germany and france say they want to find a " complete solution" for greece to stop it going bust and keep it in the europe. the countries' finance ministers say the issue must be settled in november to end the uncertainty. >> meanwhile, german chancellor angela merkel has been meeting the bosses of international financial organizations in berlin. they agreed the world recovery is highly fragile. the imf's christine lagarde said both businesses and governments need to make more of an effort to generate growth. swiss bank ubs is gearing up to cut about 15% of its workforce over the next three years. it is hoping for a radical restructuring that will help it return to profitability after what was a disappointing third quarter. >> that's right. the lion's share of the layoffs will be in the company'
areas of the government. >> senator, you talked about the fiscal cliff that is looming at the end of december. we have tax cuts that are about to expire, many of them, and we also have, like you were just talking about the trillion sequester cuts. all these things are happening by the end of the year. what do you think congress should do, do you feel like they should leave everything as is? or do you think, do you have any ideas that congress should put in place that you will put forward when you guys go back in next week? >> yeah, i think that the best way to talk about the tax rates is they're what we've had for 10 years. businesses have made their plans predicated on a tax rate. i don't think we should increase the tax rates on anybody. i don't care if you're rich, middle class or poor. we shouldn't divide up people. we should divide people into two sectors. private sector, public sector. i don't want to grow the public sector, i want to grow the private sector. so that means means, leaving as much money in the private sector as possible. i don't want to tax anybody any more to
in better shape than its peers because of the actions of its government. perhaps the most important cause of america's relative health is the federal reserve. ben bernanke understood the depths of the problem early and responded energetically and creatively. the clearest vindication of his actions has been that the european central bank after charting an opposite course for three years with disastrous results, has now adopted policies similar to the fed's, and thus avoided a potential lehman-like clapgz in europe. the leading experts on financial crises argue that the united states is performing better than most countries in similar circumstances in history. consumers are paying down debt, and consumer confidence is at its highest levels since september, 2007. every american recovery since world war ii has been led by housing except this one. but finally, housing is back. two weeks ago, jamie dimon, chief executive of jpmorgan chase, declared that housing had turned the corner and predicted that as a consequence, economic growth in 2013 would be so strong that the fed would have to raise
. while the stock exchanges get back to business, the federal government is getting down to business in responding to the widespread disaster. sylvia hall has the latest on the federal response. >> reporter: as east coast residents survey the mess sandy brought ashore, federal, state and local governments are already coordinating the cleanup. right now, thousands of workers from every level of government are on a rescue mission in new jersey and new york's hardest- hit areas. fema is pulling in generators and working with power companies to get the lights back on. the storm's damage was so severe that president obama quickly declared major disasters in new york and new jersey overnight. the decision frees up federal dollars to help families and businesses recover their losses. it also allows the u.s. to reimburse local and state governments for some of the expenses they'll face as they rebuild. the east coast may be cleaning up, but sandy isn't finished. the storm is plowing inland, dumping snow across the appalachians. with sandy still churning, it's near impossible tonohow extensiv
rate is worse than the national average making the case for continuing a strong government role. >> today there are thousands of workers building long lasting batteries and solar technology and wind turbines all across the country. jobs that weren't there four years ago. >> mitt romney meantime in virginia where the unemployment rate is lower than the national average. he ridiculed the president for his plan to create a new cabinet position a secretary of business. >> i don't think what we need is another government bureaucrat that supposedly knows something abouton creation. i think it would be helpful to have a president who understands job creation. >>> the new unemployment numbers come out in about 3 and a half hours. they expect 121,000 jobs created last month if that's the case. that is lower than the monthly aying we have seen so far this year. >>> thank you very much, doug, we appreciate it. >> there are new details about the benghazi terror attack including claims that the state department decided not to send a rapid response team. peter doocy is live with that story. >
than it should be. when you figure government spending accounted for a good chunk, you have to wonder if things are really looking up, not when business investment skids 1.3% in the same quarter and scores of companies were making clear they are not investing much more this quarter. many are worried about next year battening down the hatches laying off thousands of workers r what could be the perfect economic storm. we're in for nasty weather. to me sis is a francis just how nasty. what do you think? >> business spending on fixed expenses, fixed costs down 1.3%. they are not willing to buy buildings, take on higher represent, not buying computers or equipment because they don't believe the demand is coming. they are not making any bigger investment. that's what we need to lift the economy is that investment, and the fact it's declining? wow, that's really a bad sign. neil: scott, a better future indicator? what so many ceos are saying i'm preparing for the worst just in case. suspect that a more telling future? >> yeah, look at consumer spending numbers. the positive note is it incre
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